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SpaceX’s Dodge-1 lunar mission has received final approval from the US FCC. After the announcement, the price of Dogecoin increased by 4%.
According to digital currency report and quoted by the CEO of Engineering Energy Company, Samuel Reed in X, SpaceX’s “Dodge-1” moon mission has received authorization from the United States Federal Communications Commission (FCC).
As previously reported, the mission has received approval from the US National Telecommunications and Information Administration and is awaiting final FCC approval.
The price of DOGE has increased by 4% in the last 24 hours and by 10% in the last seven days.
Project Dodge-1, the brainchild of space technology company Geometric Energy Corporation, was unveiled in May 2021 and is scheduled to be launched on a SpaceX Falcon 9 rocket. This satellite investment is the first launch to be fully funded by DOGE tokens.
Miniature screens on the satellite are prepared to display a variety of content, including advertisements, images and logos, which will be sent back to Earth. This announcement came after a series of delays involving the Dodge-1 mission.
The mission was originally revealed by SpaceX founder Elon Musk in 2021 as part of a joint venture with Intuitive Machines and NASA. But with repeated delays, that date has been pushed back from 2022 to a planned January 2024 launch.
The unique feature of the DOGE-1 satellite in accepting DOGE tokens as a payment method is in line with the growing adoption of digital currency in various fields. This mission is not only a symbol of innovation, but also a testament to the expanding influence of digital currencies beyond the traditional financial landscape.
Doge-1 mission is not the only investment related to Dogecoin. Another mission is reportedly in the works, indicating a growing interest in using cryptocurrencies for space exploration initiatives. This historic launch is scheduled for January 2024.
At the time of writing, the leading meme-based cryptocurrency Dogecoin is trading at $0.084875, up 4% in the last 24 hours, according to CoinGecko data.
